TSX hits 1-month low on risk aversion, lower oil prices

Stocks saw some strength during trading on Friday, regaining ground following the sell-off seen in the previous session. Those losses dragged the S&P 500 down 1.5% for the week, its worst such showing since the week ended March 24.

The major averages all closed in positive territory, although the tech-heavy Nasdaq outperformed its counterparts. The Dow slumped 204.69 points or 0.9% to 21,844.01, the Nasdaq plummeted 135.46 points or 2.1% to 6,216.87 and the S&P 500 tumbled 35.81 points or 1.5% to 2,438.21.

The dollar index fell 0.3 percent, with the euro up 0.36 percent to $1.1812.

On the USA economic front, a report released by the Labor Department showed a modest uptick in consumer prices in the U.S. in the month of July.

A Labor Department report showed its producer price index posted a surprise drop in July, down 0.1% for the largest slide in nearly a year.

Energy stocks retreated 0.5 percent, despite higher oil prices.

The index had settled within 0.30% of its previous day's close for 15 straight sessions.

The South Korean Won is also suffering, falling by 0.8% to a four-week low against the USA dollar.

The smaller than expected increase in consumer prices has led to optimism that the Federal Reserve will not be in a hurry to raise interest rates.

With President Donald Trump warning North Korea of "fire and fury", investors have become concerned that the war of words between Washington and Pyongyang could spiral out of control.

"There is a low probability that we will have a war with North Korea", he said, and a larger pullback in stocks is "a buyable drop". He said that North Korea "can be very very nervous" if it acts on either the United States or its allies, and warned that "things will happen to them like they never thought possible". And in a Friday morning post on social media site Twitter, Trump wrote: "Military solutions are now fully in place, locked and loaded, should North Korea act unwisely. Hopefully Kim Jong Un will find another path!"

Trump's threats have escalated since reports broke at the beginning of the week that North Korea had successfully produced a nuclear warhead that could fit inside its missiles.

Investors are losing enthusiasm for Canada's banking stocks as a slowdown in the country's housing market dents banks' growth prospects, with insurance companies seen as a better bet to benefit from higher interest rates.

South Korea's Kospi stock market index has fallen by 0.4% today, adding to the 1% wiped off shares on Wednesday. As a result, the yield on the benchmark ten-year note, which moves opposite of its price, dipped by 2.3 basis points to 2.189%.

Retail results are also on investors' mind as the second-quarter earning season winds down.

Hendrick purchased VIN 001 at a Barrett-Jackson Collector Car Auction for $250,000, with all proceeds benefiting the United Way. Those COPO F-body Camaros became legends on the street and drag strip and today are sought-after by collectors.

The hacking claims prompted Kenya's Election Commission to react and counter the allegations, assuring Kenyans that "all is well". Is Kenya heading for another round of blood letting? The election is a test of democracy in the East African economic power.

FSG's public stance is likely to encourage Barca to turn its attention towards signing Ousmane Dembele from Borussia Dortmund . It's just that Phil is not available at the moment and, for me, actually the bigger issue is that he is unable to play.

I wasn't fresh and I couldn't train well. "I am trying to adapt to a new philosophy and a new manager ". BT Sport's Frank Lampard reveals his thoughts on Chelsea's new signings and why more may be necessary.

In a statement emailed to CNN, ReShape Medical said, "There is no responsibility that we take more seriously than patient safety". According to Apollo Endo-Surgery, there has been one additional death of a person who received its device.

Spurs are expected to provide an update on Monday or Tuesday, but it is club policy not to put a timeframe on injuries. Benitez has not lost any of his previous eight Premier League home games as a manager against Spurs (W5 D3 L0).

Crude futures meanwhile extended losses on fears of slowing demand and lingering concerns over global oversupply. Japan's Nikkei had been down more than 1% overnight Tuesday and South Korean shares had also slipped.

After they managed to buy the C-Star through a crowdfunding campaign in July, the vessel was detained near the Suez Canal. Crew members were also arrested in Northern Cyprus for allegedly smuggling 21 Sri Lankans.

Nihalani, who led the censor board from one controversy to another was appointed to head the board in January 2015. Awarded Padma Shri in 2015, Prasoon Joshi is known for putting forth his opinion on contemporary issues.

As she set off on the getaway, Kirken was shown in a Facebook photo smiling wide on a plane, according to FOX. Friends and family of Carol Kirken poured out tributes to the woman upon the shocking news of her death.

Gold edges lower amid rising geopolitical tensions
SIMMERING TENSIONS: North Korea revealed on Thursday a detailed plan to launch a salvo of ballistic missiles toward the U.S. The Shanghai Composite Index lost 0.2 per cent to 3,275.57 and Hong Kong's Hang Seng was off 0.3 per cent at 27,757.09.

West Ham bid club record £27.1m for William Carvalho
The midfielder would have a West Ham offer on the table, with a five year deal and a salary of €2.5m per season. Representatives of the club are reportedly in Lisbon to negotiate the transfer of Sporting's William Carvalho .